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Re: None

Tuesday, 02/08/2022 2:30:50 PM

Tuesday, February 08, 2022 2:30:50 PM

Post# of 4159
MM's are working to make sure there is no further gains to be added from yesterday's volume. They just wait for some of the air to go out of the balloon, and then start throwing out low volume trades to curb the sp appreciation. As long as "someone" is willing to sell below the Ask, at a ridiculously low share prices, then only higher volumes/demand can absorb those trades/shares and move up the sp. Just like yesterday.

It's the volume and demand for shares that requires the MM's to get out of the way of the Ask. Like yesterday. Meaning - they understood yesterdays volume and accumulation. So they didn't throw (much) lower priced shares out to curb the sp appreciation, or they would have been run over with no suppressed sp effect. IMO.

It's all psychological trading. The sky's not falling, and the trend and momentum has been established with the recent company progress.

Soon there will be even more eyes viewing this company's progress and attract more purchases and higher volume.

MM's and shorters are trying to do the same on the Canadian exchange.

A cure/therapy for cancer for $.35-$.50 a share? It's all about the DD and details.

Good luck to all. Regards,BK.